Amica Mutual Insurance, a provider of auto, home and life insurance, has partnered with Canopy Weather to further monitor the impacts of tornado damage and enhance service to its policyholders.
Amica is a long-standing mutual insurer of automobiles in the US. The company also offers home, life, marine an dumbrella insurance as well as annuities.
Canopy delivers property-specific tornado paths to the insurance and financial services industries.
According to Amica, insurance companies must rapidly gather information on the size, scope, extent and potential impacts of a tornado in order to efficiently respond to an event.
About 1,200 tornadoes hit the US every year, the company added. They can cause an average of 70 fatalities, 1,500 injuries, and significant damage and destruction. Wind from tornadoes can reach more than 300 mph, and damage paths can be more than one mile wide and 50 miles long.
Brian Leroux, claims innovation supervisor at Amica, said, “By using Canopy’s data, we’re able to proactively reach out to impacted policyholders and quickly plan an appropriate response.”
Matt Van Every, CEO of Canopy Weather, added, “We are pleased to be serving Amica, and that our tornado data enables them to respond with unparalleled speed and precision, clearing the ‘information fog’ within minutes after a tornado strikes.
“In real time, tornadoes are incredibly difficult to pin down at the street or building level, let alone which side of a town was hit. Our team of meteorologists have been working toward this tornado capability for almost a decade. Previously, it typically took days to gather information about what was or was not hit; now it’s mere hours.”
Earlier this year, Verisk, a global data analytics provider, boosted its weather solutions to include a hail and tornado analytics solution to provide real-time data following severe weather events.
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